I apologize. I had assumed they were RSU dividends based on the nature of the filing. They are not.
Half of the total purcashe is paid for by the company the other half from the employee. Below are the specifics from the plan. I still don't view this as a considerable insider purchase but it is better than what I assumed anyway. Sorry for the misinformation.
Employee Stock Savings Plan
On January 1, 2009, the Corporation implemented an Employee Stock Savings Plan ("ESSP") pursuant to
which all full-time employees, including Named Executive Officers and other officers, and directors of
the Corporation ("ESSP Members") may contribute any portion of their gross annual salary or director’s
annual fees to the ESSP, with the Corporation matching the contribution on a 1:1 basis up to a maximum
of ten percent of the employee's gross annual salary or director's annual fees. The Corporation uses the
contributions to acquire Common Shares on behalf of the ESSP Members through open market purchases
at the current market price on the TSX. ESSP Members are entitled to withdraw or sell any portion of the
Common Shares that have been purchased through the ESSP using the ESSP Members' contributions only
once in any 12 month period. Plan Members are entitled to withdraw or sell any portion of the Common
Shares that have been purchased through the ESSP using the Corporation's matching contributions only
once in any 12 month period. For the year ended December 31, 2011, the Corporation's share of the total
contribution is recorded as general and administrative expense and of the total amount contributed by the
Corporation to the ESSP, $83,570 was contributed to match the contributions of the Named Executive